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EMX (EMX Royalty) Cyclically Adjusted PB Ratio : 3.02 (As of Jul. 02, 2025)


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What is EMX Royalty Cyclically Adjusted PB Ratio?

As of today (2025-07-02), EMX Royalty's current share price is $2.51. EMX Royalty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $0.83. EMX Royalty's Cyclically Adjusted PB Ratio for today is 3.02.

The historical rank and industry rank for EMX Royalty's Cyclically Adjusted PB Ratio or its related term are showing as below:

EMX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 2.21   Max: 5.28
Current: 2.87

During the past years, EMX Royalty's highest Cyclically Adjusted PB Ratio was 5.28. The lowest was 0.74. And the median was 2.21.

EMX's Cyclically Adjusted PB Ratio is ranked worse than
77.37% of 1551 companies
in the Metals & Mining industry
Industry Median: 1.01 vs EMX: 2.87

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

EMX Royalty's adjusted book value per share data for the three months ended in Mar. 2025 was $1.060. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $0.83 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


EMX Royalty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EMX Royalty's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

EMX Royalty Cyclically Adjusted PB Ratio Chart

EMX Royalty Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.82 3.03 2.45 1.96 2.15

EMX Royalty Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.11 2.18 2.11 2.15 2.46

Competitive Comparison of EMX Royalty's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, EMX Royalty's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


EMX Royalty's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, EMX Royalty's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where EMX Royalty's Cyclically Adjusted PB Ratio falls into.


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EMX Royalty Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

EMX Royalty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.51/0.83
=3.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

EMX Royalty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, EMX Royalty's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.06/129.1809*129.1809
=1.060

Current CPI (Mar. 2025) = 129.1809.

EMX Royalty Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.468 100.500 0.602
201509 0.436 100.421 0.561
201512 0.425 99.947 0.549
201603 0.408 101.054 0.522
201606 0.388 102.002 0.491
201609 0.435 101.765 0.552
201612 0.423 101.449 0.539
201703 0.470 102.634 0.592
201706 0.428 103.029 0.537
201709 0.420 103.345 0.525
201712 0.423 103.345 0.529
201803 0.399 105.004 0.491
201806 0.360 105.557 0.441
201809 0.332 105.636 0.406
201812 0.984 105.399 1.206
201903 0.982 106.979 1.186
201906 0.945 107.690 1.134
201909 0.917 107.611 1.101
201912 0.913 107.769 1.094
202003 0.869 107.927 1.040
202006 0.879 108.401 1.047
202009 0.894 108.164 1.068
202012 0.906 108.559 1.078
202103 0.874 110.298 1.024
202106 0.880 111.720 1.018
202109 0.686 112.905 0.785
202112 1.052 113.774 1.194
202203 1.237 117.646 1.358
202206 1.204 120.806 1.287
202209 1.147 120.648 1.228
202212 1.113 120.964 1.189
202303 1.069 122.702 1.125
202306 1.027 124.203 1.068
202309 1.058 125.230 1.091
202312 1.073 125.072 1.108
202403 1.055 126.258 1.079
202406 1.030 127.522 1.043
202409 1.040 127.285 1.055
202412 1.047 127.364 1.062
202503 1.060 129.181 1.060

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


EMX Royalty  (AMEX:EMX) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


EMX Royalty Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of EMX Royalty's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


EMX Royalty Business Description

Traded in Other Exchanges
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
EMX Royalty Corp and its subsidiaries operate as a royalty and prospect generator engaged in exploring for and generating royalties from, metals and minerals properties. The company is a precious, and base metals royalty company. The Company augments royalty generation with royalty acquisitions and strategic investments. EMX's royalty and mineral property portfolio consists of properties in North America, Europe, Turkiye, Latin America, Morocco and Australia.